Banking & Monetary Policy MCQs for RAS

Practice 20 free Banking & Monetary Policy questions under Indian EconomyEconomy.

Strengthen your Banking & Monetary Policy knowledge for RAS with curated MCQs. Switch between Hindi and English anytime.

RAS — Indian Economy — Banking & Monetary Policy

20 Questions • Instant results & explanations • Hindi & English

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Question 1 of 20

Which year saw the establishment of the Bhartiya Mahila Bank?

Question 2 of 20

Consider the following pairs regarding credit control measures: 1. Inflation - Increase Down Payment 2. Deflation - Decrease Margin Requirement 3. Inflation - Buy Government Securities Which of the pairs given above is/are correctly matched?

Question 3 of 20

Which of the following types of banks is classified as a 'Specialized Bank'?

Question 4 of 20

Who owns the Deposit Insurance and Credit Guarantee Corporation (DICGC)?

Question 5 of 20

The time period 1977-98 is associated with which set of money aggregates?

Question 6 of 20

The 'London Inter Bank Offer Rate' (LIBOR) is associated with which of the following markets?

Question 7 of 20

Which of the following is NOT a fund for depositing Priority Sector Lending shortfalls?

Question 8 of 20

Assertion (A): Raising the Repo Rate is an effective quantitative tool used by the central bank to control demand-pull inflation. Reason (R): A higher Repo Rate absorbs excess liquidity from the market and increases the EMI burden on consumers, thereby cooling down aggregate demand.

Question 9 of 20

Which act confers the statutory status upon the Reserve Bank of India?

Question 10 of 20

Which of the following is NOT correct regarding the 'Moral Suasion' policy of RBI?

Question 11 of 20

What is the total number of members in the Monetary Policy Committee (MPC)?

Question 12 of 20

Consider the following statements about Urban Cooperative Banks: 1. They are established under State Government laws. 2. Prior to 1996, they did not lend to the agriculture sector. 3. Currently, they provide loans to the agriculture sector. Which of the statements given above are correct?

Question 13 of 20

Which of the following is correct regarding the 'Indradhanush' plan's 'F' pillar?

Question 14 of 20

Where is the headquarters of the Small Industries Development Bank of India (SIDBI) located?

Question 15 of 20

What is the primary purpose of increasing the Margin Requirement during inflation?

Question 16 of 20

Which of the following institutions provides insurance on bank deposits in India, and what is the maximum limit of this insurance?

Question 17 of 20

Arrange the following bank nationalization/merger events in chronological order: 1. Merger of New Bank of India with PNB 2. First phase of Bank Nationalization (14 banks) 3. Merger of Associate Banks with SBI 4. Second phase of Bank Nationalization (6 banks)

Question 18 of 20

The 'Tarun' category of MUDRA loan offers credit between:

Question 19 of 20

National Bill Pay Limited was started in which year?

Question 20 of 20

Which of the following bank accounts is primarily designed for business entities and offers no interest on deposits?

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